BMS taps former insurance boss for director role

Priority Underwriting co-founder and former chief executive Neil Prior is making the switch to BMS Group.

On September 16, the key hire will take on the role of Global Risks director at the independent specialist (re)insurance broker, supporting the division by developing market relationships and exploring new distribution channels.

Aside from Priority Underwriting, Prior’s credentials also include time spent at Sciemus Power, Chubb predecessor company Ace Global Markets, JLT Group, and Marsh Global Broking.

“BMS’s Global Risks division is a fast-growing team within the group and the industry,” noted the industry veteran, who has more than 33 years of broking, underwriting, and managing general agent experience in the London insurance market.

“Its employee-owned structure and notable track record of consistently bringing new risks to the market has attracted great broking talent. I look forward to joining the team and helping grow the business.”

Commenting on the appointment, BMS managing director Ian Gormley described Prior as a “recognised leader” in both underwriting and broking with a deep understanding of clients and markets’ needs.

“I am excited that BMS continues to attract talent like Neil and welcome him to BMS,” said the MD.